China is planning to set up a real estate fund that could be worth up to 300 billion yuan ($44.39 billion) to support more than a dozen property developers, including embattled China Evergrande Group …
Monthly Archives For July 2022
How and Why China Is Centralizing Its Billion-Ton Iron Ore Trade
China has embarked on one of the biggest shake-ups of the global iron-ore market in more than a decade. A newly minted state-owned group will be a hub for everything from huge mine investments in…
China reports 800 new Covid-19 cases for July 24 vs 982 a day earlier
Mainland China reported 800 new coronavirus cases for July 24, of which 150 were symptomatic and 650 were asymptomatic, the National Health Commission said on Monday (July 25). That compared with 982 …
China’s Shenzhen reports 8 symptomatic, 13 asymptomatic COVID cases for July 24
China’s southern technology hub of Shenzhen reported 21 new locally transmitted COVID-19 infections on Sunday, up from 19 a day earlier, official data showed on Monday.
Innovation continues to fuel Shenzhen’s growth
Now, however, the area has been transformed into a large, high-tech industrial park that fosters the growth of scientific and technological innovation enterprises. In fact, the office area of Zhou’s …
Symposium on studying Xi Jinping Thought on Diplomacy held in Beijing
A symposium on studying Xi Jinping Thought on Diplomacy was held in Beijing on Sunday. Wang Yi, Chinese state councilor and foreign minister, attended and addressed the event. As the chief architect …
China reports 800 new COVID cases for July 24 vs 982 day earlier
Mainland China reported 800 new coronavirus cases for July 24, of which 150 were symptomatic and 650 were asymptomatic, the National Health Commission said on Monday.
China’s population expected to start to shrink before 2025
China’s population has slowed significantly and is expected to start to shrink ahead of 2025, the state backed Global Times reported, citing a senior health official.
China’s Gen Z Is Dejected, Underemployed and Slowing the Economy
Younger workers’ ambitions and salary expectations are diminishing in the wake of Covid and the tech crackdown.
UK: Sunak vows to get tough on China; calls Asian superpower “number one threat” to domestic and global security
Sunak’s proposals include the closure of all 30 Confucius Institutes in Britain, preventing the soft-power spread of Chinese influence through culture and language programmes. He also promised to …
VLCCs to benefit from China crude imports returning to growth, says Poten
We expect that the resumption of oil demand growth in China, combined with the multiplier of increasing ton-miles will reverse the fortunes of VLCCs in the remainder of 2022 an …
Inverted yield curve in China savings rates signals sustained economic slowdown
Some of China’s largest banks are offering a lower interest rate on long-term deposits compared with short-term as a dearth of quality lending opportunities points to a sustained slowdown in the …
“Enough Is Enough”: Rishi Sunak Pledges To Get Tough On China If Elected
Rishi Sunak on Sunday promised to get tough on China if he becomes Britain’s next prime minister, calling the Asian superpower the “number one threat” to domestic and global security.